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A Peek Into The Market Before The Trading Starts
Wednesday, June 22, 2011 - 7:21am | 378Pre-open movers US stock futures are lower this morning, as investors are awaiting the latest interest-rate decision from the Federal Reserve. The Greek government won a key confidence vote late Tuesday. Futures on the Dow Jones Industrial Average dipped 28 points to 12,060.00 and futures on the S...
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Philips Issues Profit Warning For Second Quarter; Shares Drop In Pre-Market Trading
Wednesday, June 22, 2011 - 6:38am | 78Koninklijke Philips Electronics (NYSE: PHG) warned of sharply lower profits on Wednesday. For the lighting unit, Philips projects Q2 earnings before interest, taxes and amortization of about 85 million euros ($122 million), down from €193 million in the first quarter and €210 million in the second...
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Top 4 Small-Cap Stocks In The Real Estate Development Industry With The Highest EPS
Wednesday, June 22, 2011 - 12:45am | 143Below are the top small-cap real estate development stocks on the NYSE and the NASDAQ in terms of earnings per share. The trailing-twelve-month earnings per share at Maui Land & Pineapple Company Inc (NYSE: MLP) is $2.65. MLP's profit margin for the same period is 97.79%. The trailing-twelve-...
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Tuesday's Mid-Day Options Volume Leaders
Tuesday, June 21, 2011 - 11:59am | 85Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 171,156 contracts, 63.5% calls, 36.5% puts 2. Research In Motion (NASDAQ: RIMM) 99,984 contracts, 40.8% calls, 59.2% puts 3. Citigroup Inc. (NYSE: C) 68,818 contracts, 73.6% calls, 26.4% puts 4. Bank of America (NYSE:...
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Goldman Sachs Initiates McDermott At Conviction Buy
Tuesday, June 21, 2011 - 8:03am | 155Goldman Sachs is initiating coverage on shares of McDermott International (NYSE: MDR) with a $20 price target, and it is on Conviction Buy List. In a note to clients, Goldman writes, "We initiate coverage of MDR with a Buy rating and are adding it to the Americas Conviction List with a $26, 12-...
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UPDATE: Piper Jaffray Raising Price Target On Rovi Corporation
Tuesday, June 21, 2011 - 7:46am | 147Piper Jaffray is raising its price target on shares of Rovi Corporation (NASDAQ: ROVI) to $75 from $72, and it has an Overweight rating on shares. In a note to clients, Piper Jaffray writes, "Based on recent announcements at The Cable Show, Rovi appears to be gaining traction with TotalGuide (TG...
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Boeing Statement on GECAS Agreement for 747-8 Freighters and 777-300ERs
Tuesday, June 21, 2011 - 7:42am | 308Boeing (NYSE: BA) announced an agreement today at the Paris Air Show that GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric (NYSE: GE), will purchase two 747-8 Freighters and eight 777-300ERs (extended range). The 747-8 Freighter is a new model for...
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Fast Money Picks For June 21st (DE, WLT, BIIB, F)
Monday, June 20, 2011 - 6:56pm | 163On CNBC's Fast Money, Tim Seymour suggested that investors should buy Deere & Company (NYSE: DE) on Tuesday. Deere & Company (DE) gained 1.95% today, and it closed at $80.06. Guy Adami likes Walter Energy, Inc. (NYSE: WLT), and he wants to buy it tomorrow. Walter Energy, Inc. (WLT) fell 2....
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Dip Buying? Try These Five ETFs
Monday, June 20, 2011 - 2:15pm | 614These days, it's hard to be excited by much in the ETF universe from long side. Unless of course you've taken to buying inverse funds, which has been a fine idea since the start of May. Yes, these are trying times, but this is also the type of environment where the astute investor can scoop up...
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Stock Market Alert: Inverse Head And Shoulder
Monday, June 20, 2011 - 12:36pm | 211The markets are at a pivotal point today. As of now, there is a beautiful inverse head and shoulder pattern on the intra day SPDR S&P 500 ETF (NYSE: SPY) chart. This can be seen on the chart below. An inverse head and shoulders pattern is a bullish pattern should it be triggered. To trigger,...
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Teleflex Resolves FDA Corporate Warning Letter
Monday, June 20, 2011 - 11:38am | 101Teleflex Incorporated (NYSE: TFX) announced today that it has received formal notification that it has successfully resolved all outstanding issues raised by the U.S. Food and Drug Administration (FDA) in a corporate Warning Letter received by its subsidiary, Arrow International. The Warning...
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Earnings Preview for Jabil Circuit
Monday, June 20, 2011 - 9:09am | 360Jabil Circuit (NYSE: JBL) is set to report third-quarter fiscal 2011 results Tuesday, June 21, after the markets close. Analysts are looking for the tech company to report that earnings grew 29.8% from a year ago to $0.57 per share. Sixty days ago, that consensus earnings estimate was the same. The...
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Amerinet Signs Agreement with Teleflex Incorporated for VasoNova VPS
Monday, June 20, 2011 - 7:06am | 39Teleflex Incorporated (NYSE: TFX) has announced the addition of VasoNova ®Vascular Positioning System to its existing Peripherally Inserted Central Catheters agreement with Amerinet. The agreement began May 1, 2011 and runs through April 30, 2014.
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BMO Capital Markets Maintains Walter Energy Market Perform, $135 PT
Friday, June 17, 2011 - 4:15pm | 105BMO Capital Markets maintained its Walter Energy (NYSE: WLT) Market Perform rating and $135 price target in a research report published today. In the report, BMO Capital Markets states, "Recent market volatility suggests it is a bit too early to upgrade, but there is attractive value here for long...
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Deutsche Bank Updates 6/17
Friday, June 17, 2011 - 9:43am | 1447Deutsche Bank made a number of updates in a research report published today. Deutsche Bank initiated coverage of FXCM (NASDAQ: FXCM) with a Hold rating and a price target of $11. In a research report published today, Deutsche Bank states, "We are initiating coverage on FXCM, a leading provider of...